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krek1111 [17]
4 years ago
12

List the reasons for currency exchange

Business
1 answer:
Alja [10]4 years ago
8 0

Answer:

  1. Access to foreign markets
  2. Paying Imports
  3. Selling Exports
  4. Investing in foreign currencies
  5. Travelling

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American General Company experienced the following accounting events during 2014:
12345 [234]

Answer:

1.  Operating Activities (OA)

2. Financing Activities (FA)

3. Financing Activities (FA)

4. Investing Activities (IA)

5. Operating Activities (OA)

6.  Operating Activities (OA)

7. Investing Activities (IA)

8. Financing Activities (FA)

9. Not applicable (NA)

10. Financing Activities (FA)

Explanation:

Statement of cash flows is one of the three major financial statements. The statement analyses the cash generated and cash expended by an entity in a given period. The statement collates the analysis under three categories

1. Operating Activities

2.Investing Activities

3.Financing Activities

Operating activities comprise of cash generated and expended by the entity on its normal business operation during the period. Examples of this are cash received from customers, cash paid to suppliers, rent paid to landlord, cash expenses paid etc.

Investing activities consist of cash activities involving acquisition and disposal of assets and investment. Examples of such are cash receipt from sales of equipment, cash spent on purchase of investment securities.

Financing activities are cash activities involving the entity and provider of capital, equity owner and debt holder. Example of such activities are cash generated from issuance of bond, cash dividend paid to equity owner.

4 0
4 years ago
What is application software used for
antiseptic1488 [7]

To help monitor your Business even you're out of the country doing Business meeting or some family vacation.

3 0
4 years ago
I'MaPizzaCo. produces and sells specialty pizzas. Last year, it produced 8,000 mushroom, sausage and spinach pizzas and sold eac
elixir [45]

Answer:

the correct answer is option (a) 2.00

Explanation:

Given:

Total units produced = 8,000

variable cost incurred = $24,000

Total cost incurred = $40,000

Now,

Total cost = Fixed cost + Variable cost

or

$40,000 = Fixed cost + $24,000

Or

Fixed cost = $40,000 - $24,000 = $16,000

Therefore,

The average fixed cost for 8000 units = \frac{\textup{Total fixed cost}}{\textup{Total units produced}}

or

The average fixed cost =  \frac{\textup{16,000}}{\textup{8,000}}

or

The average fixed cost = $2

hence,

the correct answer is option (a) 2.00

3 0
4 years ago
Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
kicyunya [14]

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

6 0
3 years ago
Chief financial officer Justin took his family on an Asian vacation using the company jet. He excuses his behavior by stating, "
umka2103 [35]

Answer:

rationalizing            

Explanation:

Rationalization in psychology or logic is indeed a defensive mechanism wherein problematic actions or emotions are defended and clarified in an obviously logical or rational way to escape the mechanistic explanation, and are rendered actively bearable or perhaps even impressive and preferable by convincing methods.

Rationalization facilitates unreasonable or unacceptable behavior motivations or emotions and sometimes includes hypothesizing ad haste. This cycle goes from completely aware to mostly unaware. Individuals rationalize for different reasons. 

7 0
4 years ago
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